Callaway Golf (CALY) Options Chain

NYSE: CALYConsumer DiscretionaryRecreational Games/Products/ToysUSD

13.67-0.20 (-1.44%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $13.67
Put/call ratio (OI): 0.18
Put/call ratio (volume): 1.71
ATM implied volatility: 59.4%
Expected move: ±$9.19
Open interest (C / P): 1.71K / 299

CALY options summary

The CALY options chain for the January 21, 2028 expiration lists 12 call and 10 put contracts, with 468 days until expiration. Open interest stands at 1,706 calls and 299 puts, a put/call ratio of 0.18, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $12.50 strike is 59.4%, which implies the market expects a move of about ±$9.19 (67.2%) in Callaway Golf stock by expiration.

The most open interest sits at the $2.50 call (700 contracts) and the $25.00 put (197 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CALY options chain · January 21, 2028

CALY calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
700	2	107.2%	11.42	10.90	11.90	2.50	—	—	0.28	—	—	—
330	2	85.6%	9.10	8.90	9.60	5.00	—	—	—	—	—	—
6	1	75.7%	7.45	6.70	8.00	7.50	0.00	0.00	0.25	12.5%	10	0
21	4	73.3%	5.12	5.00	6.80	10.00	0.50	2.30	0.95	54.9%	1	5
88	1	66.4%	5.95	3.10	5.80	12.50	1.50	3.50	1.85	52.3%	1	40
CALY $13.67
84	1	63.1%	3.20	2.05	4.70	15.00	2.60	4.20	3.65	54.8%	2	11
238	1	53.2%	2.40	1.70	2.45	17.50	0.00	0.00	3.81	—	5	0
98	3	61.8%	1.65	1.25	2.90	20.00	6.40	8.40	7.00	61.8%	2	8
9	1	55.8%	1.75	0.15	2.50	22.50	—	—	—	—	—	—
54	2	58.6%	1.91	0.00	2.35	25.00	9.20	10.50	8.80	—	1	197
71	2	53.6%	1.04	0.00	1.10	30.00	12.80	16.40	12.28	35.3%	12	38
7	1	58.7%	0.45	0.00	1.00	35.00	20.20	22.10	21.24	65.9%	2	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the CALY put/call ratio?

For the January 21, 2028 expiration, the CALY put/call ratio based on open interest is 0.18 (299 puts vs 1,706 calls), and 1.71 based on today's volume. A ratio above 1 means more puts than calls.

What is CALY's implied volatility?

At-the-money implied volatility for CALY options expiring January 21, 2028 is about 59.4%, an annualized estimate of how much the market expects Callaway Golf stock to move.

How many CALY option expiration dates are there?

CALY has 6 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.